198 Broadarrow Rd, Riverwood is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 496.8m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Riverwood in the last 12 months.
Perfectly positioned for lifestyle and investment, 198 Broadarrow Road offers an unbeatable combination of comfortable living, income potential, and exciting future development prospects. Featuring a well-maintained three-bedroom family home plus a recently constructed one-bedroom, one-bathroom granny flat, this property caters to families, investors, and developers alike.
Key Features:
Main Residence: Spacious 3-bedroom home with polished timber floors throughout, adding warmth and timeless appeal.
Quality Kitchen: Solid timber kitchen with generous storage and ample bench space — ideal for family meals and entertaining.
Modern Granny Flat: Recently built with quality finishes, featuring one bedroom, one bathroom, open-plan living, gas cooking and private entry — perfect for extended family, guests, or rental income.
Development Potential: Prime block with duplex potential under the new Low to Mid Rise Housing Policy subject to council approval (STCA), offering outstanding future growth options.
Lifestyle Convenience:
Transport: Only minutes to Riverwood train station and bus services for quick city access.
Shopping: Close to Riverwood Plaza and just a short drive to Roselands Shopping Centre for retail, dining, and everyday essentials.
Road Access: Easy connection to major arterial roads including the M5 Motorway and King Georges Road, making commuting a breeze.
A Rare Opportunity
Live in one and rent the other, rent both for strong dual income, or explore redevelopment — the choice is yours. With its blend of location, quality, and potential, this is one of Riverwood’s most versatile and exciting offerings.
Contact Wayne Singh on 0400 885 656 for more information.
Don't miss out – contact us today to arrange your private inspection!
Disclaimer: Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, Realty Way and/or its associated entities does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. Realty Way and/or its associated entities accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.
The size of Riverwood is approximately 3.8 square kilometres. There are 22 parks, covering nearly 23.8% of the total area. The population of Riverwood in 2016 was 12103 people. By 2021 the population was 12793 showing a population growth of 5.7% in the area during that time. The predominant age group in Riverwood is 30-39 years. Households in Riverwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Riverwood work in a professional occupation.In 2021, 42.20% of the homes in Riverwood were owner-occupied compared with 43.50% in 2016.
Riverwood has 5,708 properties. Over the last 5 years, Houses in Riverwood have seen a 21.66% increase in median value, while Units have seen a 13.46% increase. As at 30 June 2026:
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